https://www.taxtmi.com/caselaws?id=256692 The court upheld the lower appellate authority's decision to set aside the redemption fine and penalty imposed on the importer, as there was no willful misdeclaration and the importer rectified the self-assessment error promptly. The judge found no misdeclaration of material particulars, leading to the dismissal of the fine and penalty imposition under Section 111(m) of the Customs Act. The appeal by the Revenue was rejected, and the importer was granted consequential relief in accordance with the law. en-us Fri, 24 Oct 2014 00:00:00 +0530 Mon, 08 Feb 2016 17:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256692 The court upheld the lower appellate authority's decision to set aside the redemption fine and penalty imposed on the importer, as there was no willful misdeclaration and the importer rectified the self-assessment error promptly. The judge found no misdeclaration of material particulars, leading to the dismissal of the fine and penalty imposition under Section 111(m) of the Customs Act. The appeal by the Revenue was rejected, and the importer was granted consequential relief in accordance with the law. Case-Laws Customs Fri, 24 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256692